Yuki Takai and Ai Matsubayashi’s comment was published in the August 2022 issue of ALB Japan E-magazine
Yuki Takai and Ai Matsubayashi's comment was published in an article entitled "JAPAN PASSES LANDMARK STABLECOIN REGULATIONS" in the August 2022 issue of ALB Japan E-magazine.
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Overview of the article
In June, the Japanese parliament passed an amendment to Payment Services Act (PSA), which provides enhanced protections for crypto investors. While lawyers say that the legislation could help restore confidence in crypto, some worry the increased regulatory obligations might make it harder for newer players to enter.(Source: "JAPAN PASSES LANDMARK STABLECOIN REGULATIONS" in the August 2022 issue of ALB Japan E-magazine)
